Cost of Living in Perry hall, MD

Housing

The housing market plays a significant role in determining the cost of living in Perry hall, MD.

• Housing Index: 125.0 / 100
• Median Home Price is: $399000
• Average Rent (2 BR Apartment): $1950 per month
• Average Rent (2 BR House): $2000 per month

Considering a move to Perry hall, MD? With a housing index of 125.0, the property market appears moderately priced. The median home price stands at 399000, making home ownership a possibility for many families. Meanwhile, renting is also an option, with average rents for a 2BR apartment at 1950 and a 2BR house costing around 2000. Research indicates that high demand can lead to fluctuating costs, so it's wise to factor in long-term market forecasts and lifestyle preferences before deciding.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Perry hall, MD.

• Electricity Price: 17.41 USD (median by state)
• Natural Gas Price: $18.44 USD per Thousand Cubic Feet (median by state)
• Other Utilities (water, garbage, etc.): $275 per month

Living in Perry hall, MD could entail higher utility costs. Electricity costs sit at 17.41, while natural gas is priced at 18.44 per Thousand Cubic Feet—both aligning with state medians. Expect to budget about 275 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Bethlehem is a financially viable option for your relocation.

Cost of Living Index

The cost of living index is a widely used metric to determine the relative affordability of cities and towns.

• Index score: 115.2

Median Income

The median income is an important factor to consider when evaluating the affordability of a city or town.

• Median Income: $103061

Educational and Social Amenities

Access to quality education, healthcare, and social services can significantly impact the overall quality of life in a city or town.

• Click here for more information

Summary

When considering a move to Perry hall, MD, consider the following factors:

• Taxes: State income, property, and local income taxes can significantly impact your take-home pay.
• Job opportunities: The availability of jobs in your field can affect your quality of life.
• Cost of living: Housing costs, utilities, transportation, and other expenses should be considered when evaluating the affordability of a city or town.